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North American Lumber Prices Surge As Sawmills Run Short

Worldwide demand for North American hardwoods climbed faster than supply in October and lumber prices followed suit. Many concentration yards were low on both kiln-dried lumber to sell and green lumber to put in dry kilns. The sales manager for one exporting company...

Lumber ‘Supercycle’ Could Spell Opportunity

Investors should always be on the lookout for a long-term financial trend, take a position early, and then ride it for all it’s worth. Such an opportunity could now be emerging in lumber, a long depressed commodity that could be on the cusp of better things. RBC...

West Coast Lumber Exports Decrease

Lumber exports from the West coast decreased 7 percent in the first quarter of 2013 according to a Forest Service research economist. Log exports increased by 16 percent: from 362 million board feet in the first quarter of 2012, to 420 million board feet in the first...

Improved U.S. Housing Good News For Lumber Industry

A new report shows some of New Brunswick’s wood products manufacturers could soon experience a rebound, due to an improving housing market south of the border. A report released by Scotiabank points out an increased demand for wood products in the U.S. According...